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You have just learned that you are a beneficiary in the will of your late Aunt Susan. The executrix of her estate has given you

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You have just learned that you are a beneficiary in the will of your late Aunt Susan. The executrix of her estate has given you three options as to how you may receive your inheritance Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 11% percent. (Round final answers to the nearest dollar amount.) Present Value a. You may receive $63,000 immediately $ b. You may receive $86,000 at the end of five years. You may receive $20,000 at the end of each year for five years (a total of $ $100,000) A A 1-b.If you can invest money at a 11% return, which option would you prefer? O Option a O Option b O Optionc

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